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Author	Topic: Ethanol Gains on Gasoline as Prices Tumble Most Since November	Post a Reply Back to Topics

loloTX Rookie Author Austin Posts:9 Points:24,605 Joined:Jun 2012	Message Posted: Feb 20, 2013 3:45:24 PM Ignore loloTX Report Abuse Ethanol gained a second day against gasoline as prices for the motor fuel plunged the most since November and as biofuel producers tempered output. The spread narrowed 8.88 cents to 66.44 cents a gallon at 1:54 p.m. New York time, the smallest difference since Feb. 12 and the biggest one-day contraction since Jan. 11, according to futures market data compiled by Bloomberg. More than a dozen ethanol companies have idled output since June to stem losses, and stockpiles have fallen to the lowest level in 10 weeks. “The thing to be looking at is production with the shutdowns in place,” said Jeffrey DeReamer, an ethanol broker at ICAP Energy in Lexington, Kentucky. “Production is the key at this point. That’s been supporting ethanol.” Denatured ethanol for March delivery rose 0.1 cent to $2. Visit Bloomberg for full article

loloTX

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Austin

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Message Posted: Feb 20, 2013 3:45:24 PM

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Ethanol gained a second day against gasoline as prices for the motor fuel plunged the most since November and as biofuel producers tempered output.
The spread narrowed 8.88 cents to 66.44 cents a gallon at 1:54 p.m. New York time, the smallest difference since Feb. 12 and the biggest one-day contraction since Jan. 11, according to futures market data compiled by Bloomberg. More than a dozen ethanol companies have idled output since June to stem losses, and stockpiles have fallen to the lowest level in 10 weeks.
“The thing to be looking at is production with the shutdowns in place,” said Jeffrey DeReamer, an ethanol broker at ICAP Energy in Lexington, Kentucky. “Production is the key at this point. That’s been supporting ethanol.”
Denatured ethanol for March delivery rose 0.1 cent to $2.
Visit Bloomberg for full article

REPLIES (newest first)Ignore Short Messages

WalkingWV Champion Author West Virginia Posts:3,701 Points:779,595 Joined:May 2008	Message Posted: Feb 21, 2013 2:00:29 PM Ignore WalkingWV Report Abuse Ban ethanol!
sickhp Champion Author San Antonio Posts:1,394 Points:520,055 Joined:Sep 2011	Message Posted: Feb 21, 2013 12:44:56 AM Ignore sickhp Report Abuse Stop using food in our fuel.
Tekkersmom57 Champion Author Syracuse Posts:1,894 Points:704,115 Joined:May 2010	Message Posted: Feb 20, 2013 8:56:01 PM Ignore Tekkersmom57 Report Abuse They can take their ethanol....I don't want it. I would be willing to pay more for 100% gasoline. Keep the crap out of my tanks!
Discovery02 Champion Author Colorado Springs Posts:2,590 Points:313,590 Joined:May 2012	Message Posted: Feb 20, 2013 6:25:32 PM Ignore Discovery02 Report Abuse Just do away with Ethanol.
mike56MI Champion Author Michigan Posts:1,235 Points:311,265 Joined:Aug 2011	Message Posted: Feb 20, 2013 5:51:26 PM Ignore mike56MI Report Abuse OK
thizben All-Star Author Phoenix Posts:605 Points:285,395 Joined:May 2011	Message Posted: Feb 20, 2013 5:51:25 PM Ignore thizben Report Abuse there has to be a bigger spread than that to make it financially worth using it over regular gasoline.
Point__man Champion Author Raleigh Posts:4,350 Points:880,620 Joined:Oct 2010	Message Posted: Feb 20, 2013 4:27:23 PM Ignore Point__man Report Abuse no tumbling here ;)
daytonabiker All-Star Author Florida Posts:936 Points:204,745 Joined:Oct 2012	Message Posted: Feb 20, 2013 4:15:44 PM Ignore daytonabiker Report Abuse who the h*** wrote this article,errors all, our gas is up not down
beck12j All-Star Author Dayton Posts:971 Points:335,310 Joined:Mar 2011	Message Posted: Feb 20, 2013 4:12:39 PM Ignore beck12j Report Abuse ok
tnfran Champion Author Arizona Posts:4,398 Points:846,090 Joined:Dec 2010	Message Posted: Feb 20, 2013 4:03:49 PM Ignore tnfran Report Abuse Bloomberg!! You are nutso in the head. Gas/diesel prices tumble??? It is up on ave 50cents in last month alone.
Taxrefugee Champion Author Arizona Posts:1,418 Points:389,920 Joined:Jan 2012	Message Posted: Feb 20, 2013 3:53:38 PM Ignore Taxrefugee Report Abuse Tumble? Some stations here are going up 3-5 cents a day
mastermariner Champion Author Texas Posts:4,268 Points:496,650 Joined:Jun 2011	Message Posted: Feb 20, 2013 3:47:17 PM Ignore mastermariner Report Abuse Look for further increases